Explore how the One-Third Rule estimates changes in labor productivity from shifts in capital investment, impacting economic growth and living standards.
Nonfarm labor productivity climbed 3.3% at an annualized rate in Q2, exceeding the +2.8% expected and +2.4% in the preliminary estimate, according to preliminary data released by the U.S. Department ...
Most owners and operators of U.S. small businesses already benefit from the ongoing burst in labor productivity. But given the challenge of boosting performance from existing staff levels and current ...
One of the brighter spots in this economy over the last few years has been labor productivity: how much stuff we’re all making compared to how much time we’re doing it. Productivity increased 1.2% in ...
Over short time periods, such as a few quarters or a couple of years, productivity correlates very strongly with gross domestic product. Total output drives the market opportunity of companies. Total ...
U.S. labor productivity plunged 7.5% during the first quarter of 2022, according to new data released Thursday by the U.S. Bureau of Labor Statistics. The figure marks the largest quarterly decline ...
AI can revive Australia's lagging labor productivity, mirroring a global trend. Rather than displacing jobs, AI will automate routine tasks, especially in service sectors like healthcare, freeing ...
The country's per-hour productivity stood at ¥5,720, or $60.1, the survey released Monday showed, based on OECD data.
Discover how physical capital enhances labor productivity, contributes to economic growth, and why it's crucial among the factors of production.
U.S. labor productivity has grown quickly during the pandemic compared with the past decade. However, this rapid pace is unlikely to be sustained. Similar to the Great Recession, the primary reasons ...